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Analysts Have Conflicting Sentiments on These Materials Companies: Mineral Resources Limited (OtherMALRF), First Quantum Minerals (OtherFQVLF) and Sherwin-Williams Company (SHW)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Mineral Resources Limited (MALRFResearch Report), First Quantum Minerals (FQVLFResearch Report) and Sherwin-Williams Company (SHWResearch Report).

Mineral Resources Limited (MALRF)

In a report released today, Paul Young from Goldman Sachs maintained a Sell rating on Mineral Resources Limited, with a price target of A$54.60. The company’s shares closed last Tuesday at $44.20.

According to TipRanks.com, Young is a 5-star analyst with an average return of 11.8% and a 65.6% success rate. Young covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, Sandfire Resources Limited, and Lynas Rare Earths Limited.

The word on The Street in general, suggests a Hold analyst consensus rating for Mineral Resources Limited with a $42.64 average price target.

See today’s best-performing stocks on TipRanks >>

First Quantum Minerals (FQVLF)

Barclays analyst Ian Rossouw CFA maintained a Hold rating on First Quantum Minerals today and set a price target of C$16.00. The company’s shares closed last Tuesday at $11.35.

CFA has an average return of 35.8% when recommending First Quantum Minerals.

According to TipRanks.com, CFA is ranked #4190 out of 8794 analysts.

Currently, the analyst consensus on First Quantum Minerals is a Moderate Buy with an average price target of $12.71, a 9.7% upside from current levels. In a report issued on April 9, Scotiabank also maintained a Hold rating on the stock with a C$15.00 price target.

Sherwin-Williams Company (SHW)

In a report released today, Michael Leithead from Barclays maintained a Hold rating on Sherwin-Williams Company, with a price target of $315.00. The company’s shares closed last Tuesday at $302.36.

According to TipRanks.com, Leithead is a 4-star analyst with an average return of 5.7% and a 58.9% success rate. Leithead covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Westlake Chemical PRN.

Sherwin-Williams Company has an analyst consensus of Moderate Buy, with a price target consensus of $352.44, which is a 18.3% upside from current levels. In a report issued on April 10, Wells Fargo also maintained a Hold rating on the stock with a $320.00 price target.

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